Kite Pharma, Inc. Wins 2020 MEDA Economic Development Project Award
Kite Pharma, Inc., a Gilead Company, has been named by the Maryland Economic Development Association (MEDA) as the winner of its 2020 Economic Development Project Award.
FREDERICK, Md., Sept. 30, 2020 /PRNewswire-PRWeb/ -- Kite Pharma is a division of Gilead Sciences based in California. The bio-medical company focuses on developing cancer treatments. Their Maryland manufacturing facility, currently under construction, is located in Urbana, Frederick County.
"Frederick County was excited to welcome Kite Pharma, Inc., a Gilead Company, to our biotechnology community last year. Kite Pharma, Inc. has already become a part of our economic vitality and a leading voice within our region. We nominated Kite Pharma, Inc. for this award and are thrilled the Maryland Economic Development Association saw fit to recognize this project. It's projects, like the Kite project, that keep Maryland at the forefront of life science in the United States," says Helen Propheter, Executive Director of Frederick County Economic and Workforce Development.
The facility is projected to be completed in 2020. Kite Pharma has already hired 100 employees for this facility and is expecting to employ 400-700 individuals by the end of 2025.
"Frederick County is noted for their bio-medical industries and research, and Kite Pharma is an exceptional addition to their roster," says Pamela Ruff, MEDA executive director. "Their land acquisition and ongoing construction are already adding to the local economy, and this development is set to continue with the completion of their facility."
The MEDA Awards are an annual recognition of Maryland's best projects, programs and individuals involved in the economic development field. The 2020 awards were presented to the winners on Sept. 22 during the 2020 MEDA Annual Conference.
To learn more, visit http://www.MEDAmd.com.
About Kite Pharma
Kite Pharma, a Gilead Company, is a biopharmaceutical company based in Santa Monica, California. Kite is engaged in the development of innovative cancer immunotherapies. The company is focused on chimeric antigen receptor and T cell receptor engineered cell therapies. For more information on Kite, please visit http://www.kitepharma.com.
About Frederick County Office of Economic Development
The Frederick County Office of Economic Development (OED) is the catalyst for economic growth in Frederick County, with the mission to increase the overall economic health of Frederick County through attracting new businesses in our targeted industries and helping existing businesses be more successful. Please contact OED at [email protected] for more information.
About MEDA
MEDA is a nonprofit organization of economic development professionals. Established in 1961, MEDA members promote the economic well-being of Maryland by working to improve the state's business climate and the professionalism of those in the field of economic development.
MEDA's membership includes economic development practitioners employed by government, businesses, and chamber of commerce and other professionals with interest in the economy of Maryland. Through its regular meetings, special programs and projects, MEDA members address such diverse issues as local planning, workforce, transportation, international trade, tourism and finance.
MEDA members work diligently transforming lives by creating opportunities, inspiring innovation and enriching communities in Maryland. To learn more about MEDA, visit http://www.medamd.com.
SOURCE Maryland Economic Development Association
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